Saturday, February 27, 2010International Monetary Fund required role and scope for the supervision of the global intervention
Director General of the International Monetary Fund, Dominique Strauss-Kahn - was Friday during a speech in Washington that the International Finance Corporation will ask its members for a role and scope for the supervision of the international intervention.
And will ask the International Monetary Fund supervision of the global financial system for monitoring potential hazards in a better way.
He said Strauss - was, according to the text of the speech to the Commission and the Bretton Woods institutions in Washington and published in advance, "may need to get a clearer mandate to follow up the risks that weigh on economic stability, and stress, the financial world."
"We call in particular the idea of a new procedure for multilateral surveillance. That will allow, so he imposed, that the Fund the biggest impact assessment and the methodology for national policies and the risks associated with a different way in principle."
International Monetary Fund today in charge of overseeing the risk state by state, and "developments on the global economy as a whole", but "most of our efforts in practice have been (so far) on a national level," said Strauss - was.
The Director-General of the International Monetary Fund also said that the institution is "ready to confront the" global liquidity crises such as the scarcity of the dollar in 2008, prompting the U.S. central bank (Federal Reserve) to enter into currency swap lines with some other central banks.
The Strauss - was "in this context, are currently exploring different possibilities, including lines of credit in the short term multinational IMF can deployed during a crisis relating to the regime."
In the long term, said Strauss - was finally, can the International Monetary Fund "to be able to meet the call for a reserve account in the worldwide version of the SDR is similar in some ways the job."
VinTV
